Why India needs an ‘Inflation Linked Salary Revision Act’, I argue in Parliament.
Between FY18 and FY26, real wages for salaried Indians fell by 16% because pay hike did not keep pace with rising inflation. That is why in Parliament I raised that a mandatory wage indexation formula is the need of the hour.
Government employees get protection through Dearness Allowance and periodic Pay Commissions. But 85% of India’s formal workforce has zero statutory inflation protection. They are at the mercy of employer discretion and their own negotiation power to get a pay hike.
Other economies already protect workers through automatic indexation.
• The US has COLA with automatic revisions
• Germany revises wages every 18–24 months
• Japan follows the annual Shunto system
• Belgium mandates automatic quarterly indexation
India needs statutory inflation protection, a minimum wage increase linked to inflation.
Inflation should not be India’s silent pay cut
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Raghav Chadha exposed the double standards of airlines in Parliament.
1 kg extra baggage
Passenger pays thousands.
5 hour flight delay
Airline pays nothing.
If passengers are penalized by the kilo, airlines must compensate by the hour.
Accountability cannot be one sided. Time is worth more than luggage.